Last week, following U.S. President Donald Trump's speech on Afghanistan, Erik Prince, founder of the controversial mercenary contractor firm Blackwater, said that Trump would soon have to rethink what he described as "a kind of Obama-lite policy." Now, however, it appears that it is Prince who is rethinking his policy proposal, or at least his … Continue reading After Trump speech, Blackwater founder still pushing Afghanistan mercenary plan
Tag: defense contractors
Back in December, following his election win but prior to his inauguration, President Donald Trump made headlines with tweets criticizing America's largest military contractors, Boeing and Lockheed Martin. If investors were spooked, however, recent developments should ease their fears, as these same companies are set to profit handsomely if Trump's newly proposed budget is approved. … Continue reading After Twitter outrage, Trump rewards biggest defense contractors
At the end of this month, regulations will come into effect requiring defense contractors to implement "insider threat" detection and prevention programs, with the aim of stopping security breaches. Yet the approach the Pentagon is taking seems to favor its larger contractors, while potentially stifling innovation from smaller competitors and contributing to the problem it … Continue reading DoD ‘insider threat’ rules may favor biggest contractors, make problem worse
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